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Jefferies LLC v. WTW Investment Company LTD et al
Case Number:
3:17-cv-00332
Court:
Nature of Suit:
Judge:
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Companies
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February 06, 2017
Jefferies Sues To Halt FINRA Arbitration Over Stock Drop
The Jefferies Group investment bank is arguing that shareholders who bought stock in a since-failed biotech company because of the firm's recommendation cannot force it into arbitration before the Financial Industry Regulatory Authority over the stock's loss of value, according to a suit filed Friday in Texas federal court.
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